A Spike in Foreclosures is likely coming

Welcome back to our continuing monthly examination of foreclosure data for Massachusetts.As we have seen the 1 st couple of months of 2016 all the metrics are up again this month. In February petitions crossed the 2 year mark for year over year increases so now we are up to 25 straight months of increases.

Foreclosure rate spikes as homes come to market. "Delinquent loans that fell into a deep sleep after the robo-signing controversy in late 2010 are gradually coming out of hibernation following.

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Foreclosure spike tests local market. more and more properties are likely to show up as foreclosures, Mughrabi said.. "There are definitely going to be some foreclosures coming through.

According to Attom Data Solutions, the cause of the increase is not likely financial distress. The economy is humming in Florida, as in the rest of the nation. Instead, the spike in foreclosures was likely caused by last year’s hurricane season.

"We're all staring down the abyss wondering what's going to happen, In the last few years, there was a spike in senior foreclosures due to.

How to Save Your Home from Foreclosure Advertiser Disclosure January 23, 2017 by gerri detweiler falling behind on your mortgage payments can lead to foreclosure – when your lender goes through the legal process to claim ownership of your home because you have not paid the loan as agreed.

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Spike in REOs Pushes Foreclosures to 18-Month High in April That prediction is slowly coming to fruition. The reason for this spike was probably due to tax payments to the Treasury.

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Is an inflation spike coming soon? oil prices show that it is likely. Bellamy Research. I think this is the crucial factor and that inflation is probably going to spike in the next couple of.

When is this new wave of foreclosures coming? Asked by Dodgerblu, Santa Ana, CA Tue Aug 11, 2009. My agent has been telling me that there is a wave of new foreclosures coming. Well its a been a while I still havent seen much.

These effects largely offset the price consequences of a supply surge caused by. Using quarterly data for each state going back to 1981, the authors model the.